Ziplink, Inc. (ZIPL)

[glenmorangie3]

Hi Tom, here are my thoughts on what the can do with this shell after the last lawsuit is settled.

1. They can try and buy up all the shares by making a last offer to the market on the outstanding shares held in public hands - as stated this is likely between 1.5 - 2 million shares. They could sell it as a clean shell to a company wanting to go public.

2. As above they could also move a company of their own or one they have a vested interest into the shell. They are very well connected the Zachs and have interests in other companies. If they own most of the stock and have majority voting rights they could do anything they want with the share structure to raise additional capital by selling shares to the market - almost an IPO situation.

3. They could fold the company all together (if they have supermajority rights) and distribute the cash they have in the bank after the settlement on the lawsuits are squared away. A certain price per share.


Not sure what they will choose but I suggest they will have to inform their shareholders (ZIPL shareholders) of the financial outcome of all the lawsuits (they will not detail financial compensation of individual cases as they have probably signed NDAs)and then maybe disclose what their plans for the company are, as suggested above.

Glen